robotron2084| Top 20 U.S. stock market turnover on May 21: Nvidia rose 0.6% to a record high

Yingweida, No. 1 in US stock turnover, closed up 0% on Tuesday.Robotron2084.64%, a record closing high, with a turnover of US $30.56 billion. Nvidia will report results after U. S. stocks close on May 22, and Wall Street is betting that its results will exceed expectations.

According to the London Stock Exchange (LSEG)Robotron2084Nvidia is expected to earn $5.59 per share and quarterly revenue will rise to $24.65 billion from $7.19 billion in the same period last year.

Analysts say investors are looking for the latest evidence from the results that the artificial intelligence chipmaker has maintained explosive growth and is ahead of its competitors. This quarter's results will be the latest test of Nvidia as the biggest winner of the generative artificial intelligence boom, whose chips are crucial to technologies such as Google's Gemini and OpenAI's ChatGPT.

In second place, Tesla earned 6.66% higher, with a transaction of US $20.703 billion. Tesla is considering setting up a data center in China to collect and process autopilot data and train its FSD system to facilitate its global deployment, according to sources. This strategic shift is part of the overall strategy of Tesla CEO Musk.

Tesla had previously insisted on transferring data collected in China for overseas processing. However, with the rapid development of Tesla's self-driving technology in China, this strategy has been unable to meet the demand. As a result, Tesla is considering changing strategy to set up a data center in China to better adapt to China's complex traffic conditions and using a large amount of scene data to speed up the training of autopilot algorithms.

At present, Tesla has not announced specific plans, including how to deal with the autopilot data, whether data transmission and local data centers will be adopted, or whether the two will be regarded as parallel plans. However, it is foreseeable that Tesla will make full use of China's rich data resources to improve the accuracy and reliability of his self-driving technology.

Amazon finished third, down 0.21%, with a turnover of $9.08 billion. AWS, Amazon's cloud computing unit, has suspended orders for Nvidia's state-of-the-art "super chip" Grace Hopper, waiting for a more powerful new product, Grace Blackwell (GH200). The move comes amid fears that Nvidia will experience a decline in demand between the two product cycles.

In fourth place, Microsoft closed up 0.87%, with a transaction of $8.77 billion. On Tuesday, local time, Microsoft began its three-day Build Global developer Conference in Seattle, USA. At the meeting, the company announced the release of the latest Team Copilot, an extension of Copilot for Microsoft 365, which has changed from a behind-the-scenes personal AI assistant to an intelligent assistant on the team, where users will be able to call Copilot in collaborative applications such as Teams, Loop, Planner, and so on.

On the hardware side, Microsoft announced that its Azure AI is now combined with GPT-4o and will be the first to use Nvidia Blackwell AI chips.

No. 5 Apple closed up / down%, with a turnover of $8.066 billion. Apple is appealing a 1.8 billion euro ($1.9 billion) fine imposed by the European Commission on its App Store rules related to music streaming providers, including spotify, according to people familiar with the matter. The US technology giant filed a lawsuit with the EU ordinary court to overturn the fine decision made by EU regulators in March, according to people familiar with the matter.

The European Commission said it was prepared to defend all its decisions in court.

No. 9 AMD closed down 1%, with a turnover of $4.902 billion. Citibank believes that artificial intelligence (AI) continues to lead the trend in the semiconductor industry. The bank noted that the market potential for AI chips is expanding rapidly, and AMD has raised its forecast for AI-related sales this year to $4 billion from $3.5 billion.

The 10th Petco network closed down 3.74%, with a turnover of $4.242 billion. The company recently announced an extensive partnership with IBM to provide customers with artificial intelligence-driven security results. Patronet has agreed to acquire IBM's QRadar SaaS assets, including intellectual property rights related to QRadar products, subject to customary closing conditions.

The 11th Eli Lilly closed 2.55% higher, with a transaction of $3.348 billion. On May 21, Lilly China announced that Mu Fengda ®(tierpotide injection) had been approved by the State Drug Administration (NMPA). The drug is an innovative weekly glucose-dependent insulin-stimulating peptide (GIP) / glucagon-like peptide-1 (GLP-1) receptor agonist for adult patients with type 2 diabetes (T2DM) who are still poorly controlled by metformin and / or sulfonylureas on the basis of diet control and exercise.

The 13th JPMorgan Chase earned 2.01% higher, with a turnover of $2.699 billion. On Tuesday, local time, the company's shareholders approved the executive pay plan with a vote of 91.4%. In addition, JPMorgan Chase CEO Dimon said he did not expect a split in the foreseeable future.

The 17th MicroStrategy closed down 4.16%, with a turnover of US $2.156 billion.

The 20th Netflix closed 1.53% higher, with a transaction of US $1.809 billion. Brokerage Wedbush yesterday reiterated its Netflix rating, with a target price of $725.00, from better than the big city to better than the big city.

(screenshot from Sina Finance APP quotes-US stocks-more data on the left side of the market section) download Sina Finance APP

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